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True or False In the long run governments can decrease unemployment at the cost of more inflation Generally an increase in demand for a currency
True or False
- In the long run governments can decrease unemployment at the cost of more inflation
- Generally an increase in demand for a currency accompanies a decrease in supply of that currency
- Increasing interest rates in a country should lead to a strengthening of its currency
- When inflation is predictably high, lenders will lose and borrowers will gain
- When there is inflation, the nominal interest rate will be higher than the real interest rate
- A higher rate ofincome tax will increase the effect of a government's fiscal stimulus
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